All Corporate articles – Page 72
-
News briefs
Exploring the full potential of the camping brands owned by...
Exploring the full potential of the camping brands owned by Oase Outdoors is the purpose of the projected sale of 80 percent of the Danish company's shares to Ratos, said its managing director, Henrik Arens. The agreed purchase price is based on an enterprise value of about 380 million Danish ...
-
News briefs
Hi-Tec Sports has denied a report in OCC Outdoor that...
Hi-Tec Sports has denied a report in OCC Outdoor that a deal was struck for the Dutch-based footwear company's acquisition by Cherokee, a U.S. clothing and licensing group. Hi-Tec belongs to its founder, Frank van Wezel, after he took the company private again in 2000. Hi-Tec's chief executive and Frank ...
-
News briefs
Coalision, the Montreal-based company that owns the Lolë brand of...
Coalision, the Montreal-based company that owns the Lolë brand of athleisure wear and the Paradox brand of outdoor clothing, has reportedly obtained $21 million in new financing to cover general requirements for working capital, product development and marketing. The move will also help protect the company from currency fluctuations. The ...
-
News briefs
JD Sports Fashion discloses that Brian Small, chief financial officer...
JD Sports Fashion discloses that Brian Small, chief financial officer of the group, bought 5,000 shares in the company on July 7 at a price of £10.92. The purchase raises his total holdings in the company to 100,800 shares, representing a stake of 0.05 percent.
-
News briefs
Thule Group has taken over the leading Dutch supplier of...
Thule Group has taken over the leading Dutch supplier of child bike seats, GMG, which generated sales of €6.1 million last year, mainly with its Yepp brand. The purchase price is €10 million, free of debt and cash. Thule, which is already a strong player in the segment, says the ...
-
News briefs
Implus, the acquisitive U.S. company that owns a raft of...
Implus, the acquisitive U.S. company that owns a raft of sports, outdoor and footwear accessories brands, has snapped up the assets of MCN Solutions in Cape Town, a South African distribution partner for Implus and other sporting goods companies. The move will enable Implus to have its own organization in ...
-
News briefs
Polartec has been taking flak over its plans to shut...
Polartec has been taking flak over its plans to shut down its manufacturing plant in Lawrence, Massachusetts, after it filed paperwork disclosing its intentions to start laying off workers. United Here, the trade union that represents most of the workers, wrote an open letter to Rose Marcario, chief executive at ...
-
News briefs
Cairn, a U.S. subscription box company specializing in outdoor gear,...
Cairn, a U.S. subscription box company specializing in outdoor gear, says it has raised $2 million in seed funding, with support from Scott Allan, general manager of Hydro Flask, and the Cascade Angels Fund. Allan, who has become a member of Cairn's board of directors, praised Cairn for the valuable ...
-
News briefs
Zoomyn, a French start-up that has launched a line of...
Zoomyn, a French start-up that has launched a line of functional trail running apparel, is one of the five companies chosen by Outdoor Sports Valley this year for its incubator program. Fifteen applied. The program involves free legal advice, free coaching by industry experts, an interest-free loan of up to ...
-
Short stops
Felix Sulzberger, former chief executive of Calida Group, failed to...
Felix Sulzberger, former chief executive of Calida Group, failed to be elected as a member of the board at the annual meeting of the company, which controls Lafuma
-
News briefs
The Kufner Group, a leading global supplier of interlinings and...
The Kufner Group, a leading global supplier of interlinings and technical textiles, will take over Ploucquet and its production site in Zittau, Germany, from Smart Solutions Holding, formerly Sympatex Holding, with effect from April 20. Sympatex Holding, parent company of Sympatex, changed its name to Smart Solutions Holding in February. ...
-
News briefs
Johnson Outdoors has acquired the key assets of Northport Systems,...
Johnson Outdoors has acquired the key assets of Northport Systems, a Canadian digital cartography company. Northport's technologies bring new cartography capabilities to Johnson Outdoors that have potential application in its fishing sonar products. Terms of the transaction were not disclosed.
-
News briefs
After its sale to Investcorp in October, Poc has relocated...
After its sale to Investcorp in October, Poc has relocated its North American head office from Salt Lake City to Park City, Utah. The Swedish supplier of ski and cycling helmets, apparel and accessories was previously owned by the Black Diamond group and its North American team was working from ...
-
News briefs
Aku, the Italian brand of hiking and mountaineering footwear, has...
Aku, the Italian brand of hiking and mountaineering footwear, has moved all of its production to company-owned facilities this year, meaning that all Aku shoes are made in Europe starting from this spring's range. The outdoor footwear maker based in Montebelluna previously outsourced about 10 to 15 percent of its ...
-
News briefs
Pelican International, the Canadian company specializing in canoes, kayaks and...
Pelican International, the Canadian company specializing in canoes, kayaks and other water sports products, says it will open a second production plant in Salaberry-de-Valleyfield, a southern city in the province of Quebec. Pelican says it has invested tens of millions of Canadian dollars in this project in the medium term, ...
-
News briefs
VF Corp, the owner of The North Face and Timberland,...
VF Corp, the owner of The North Face and Timberland, among many other brands, said it was exploring “strategic alternatives” for its Licensed Sports Group (LSG) business. This part of the U.S. group includes the Majestic Athletic brand and it supplies apparel and fanware through licensing agreements with U.S. and ...
-
News briefs
Vista Outdoor has obtained a new credit facility to help...
Vista Outdoor has obtained a new credit facility to help finance its purchase of BRG Sports' Action Sports division, which was announced in February. The new loan will include a $400 million revolving credit facility and adds another $290 million to its $350 million term loan A facility for a ...
-
News briefs
GoPro has completed the acquisition of Replay and Slice, two...
GoPro has completed the acquisition of Replay and Slice, two mobile video editing apps. Merging Replay and Splice into GoPro's mobile strategy will allow GoPro to deliver improved mobile editing solutions. Splice, developed by Vemory in Austin, Texas, is a mobile editor that allows users to create customized edits with ...
-
News briefs
Yeti will move its headquarters to a new and larger...
Yeti will move its headquarters to a new and larger site in southwest Austin next year. The maker of coolers and beverage containers has signed an agreement with Lincoln Property Company to build a new 175,000-square-foot complex at Lantana Ridge, off Southwest Parkway, less than two miles from the current ...
-
Short stops
Patagonia has moved its London showroom to its new U.K....
Patagonia has moved its London showroom to its new U.K. office in Manchester
